Monotaro (OTCMKTS:MONOY) Shares Gap Down – Here’s Why

Monotaro (OTCMKTS:MONOY) gapped down prior to trading on Thursday . The stock had previously closed at $12.5348, but opened at $11.84. Monotaro shares last traded at $11.6190, with a volume of 3,115 shares.

Monotaro Trading Up 2.4%

The stock has a fifty day moving average of $11.48 and a 200 day moving average of $13.27. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.88 and a current ratio of 2.30. The company has a market capitalization of $6.13 billion, a PE ratio of 27.18 and a beta of 1.11.

Monotaro (OTCMKTS:MONOY) last posted its quarterly earnings results on Monday, May 18th. The company reported $999.00 EPS for the quarter. Monotaro had a return on equity of 28.14% and a net margin of 9.66%. As a group, sell-side analysts predict that Monotaro will post 0.49 earnings per share for the current fiscal year.

Monotaro Company Profile

Monotaro Co, Ltd., trading on the OTC Market under the symbol MONOY, is a Japan-based e-commerce platform specializing in maintenance, repair and operations (MRO) supplies. Founded in 2000 as a subsidiary of IT Holdings Co, the company offers a broad assortment of industrial products including tools, safety gear, fasteners, electrical components and work-site consumables tailored to small and medium-sized enterprises, contractors and facility managers.

Through its online marketplaces in Japan and a regional subsidiary in Singapore, Monotaro provides access to several million stock-keeping units (SKUs), supported by streamlined procurement processes, competitive pricing and logistics capabilities designed to deliver same- or next-day shipment.